Realitica classifieds

Commercial Property For Sale, Tivat, €1.250.000

Type: Commercial Property For Sale
District: Tivat
Address: Region Tivat, Montenegro
Price: €1.250.000
Living Area: 363 m²

Description: K2-021 Mini-hotel for sale on the first line of Tivat, Montenegro

1.Documents are clean, ownership 1/1. Land owned. The land area is 337 sq.m;
2. 12 rooms plus office:
1st floor - 86 sq. M (ground, where a cafe and office).
2nd floor - 95 sq.m
3rd floor - 95 sq.m
4th floor - 87 sq.m
The total area of 363 square meters
3. Cafe-pizzeria - ready premise. We manage it ourselves sometimes.
4. Administrator and cleaning lady. Utility and standard taxes around € 7,000
6. Since July 2014, about 300.000 € gross has been earned.
Profitability of about 26% of the amount in paragraph 6.
Hotel staff: receptionist and maid.